Meet the Other Phone. Only the apps you allow.

Meet the Other Phone.
Only the apps you allow.

Buy now

Please or to access all these features

Property/DIY

Join our Property forum for renovation, DIY, and house selling advice.

How much would you offer on this property?

40 replies

SoupDragon · 12/05/2012 15:05

This has been on the market since Christmas, originally marketed at £700,000. It's just gone on with a new agent at a higher price, which surprised me.

I am idly house hunting whilst getting my own ready to sell and this is my Current Favourite House. I am just curious what more knowledgeable people would offer for it as I haven't bought a property by myself since 1993!

OP posts:
iseenodust · 12/05/2012 15:57

How gorgeous. Can't answer your question on reasonable price though as live nowhere near.

TunipTheVegemal · 12/05/2012 16:06

What a cool house, I can't help either though!

But what you need to do is look on Zoopla at sold house prices in the area. The market is more regionally diverse than ever but there is also lots of info to help you work out what's going on.

laptopcomputer · 12/05/2012 16:09

It doesn't seem an unreasonable asking price, considering location and how lovely it is. I think you would need to the inside and scale of works required before you could come up with a price.

TeaTeaLotsOfTea · 12/05/2012 16:11

I can't help either sorry.

I have to say though it is very lovely but a little dated inside and some original features are clearly missing so shouldn't those things need to be taken into account.

SoupDragon · 12/05/2012 16:32

Yes, it's tricky if you don't know the area. I am assuming that £700,000 was a reasonable first asking price to have marketed it at. I don't think it's far off although it clearly needs loads of updating (I have already planned out my full height side extension incorporating kitchen diner, ensuite master on first floor and third bedroom on the top floor :o Despite not having set foot in it.)

I love it and have been fantasising about it since spotting it at Christmas - I assumed when it changed agents it would drop in price.

In my imagination they would accept £600k, completely chain free.

OP posts:
SoupDragon · 12/05/2012 16:33

Sold prices are not much help unfortunately. I did look.

OP posts:
SoupDragon · 12/05/2012 16:35

I think what isn't shown is telling - neither agent has shown the bathroom or any of the other bedrooms bar the white one (which has just been painted white as it was horrendously floral with the original agent!)

OP posts:
AKissIsNotAContract · 12/05/2012 17:04

Have you been to view it? I'm thinking the same as you, they've chosen not to photograph certain rooms for a reason.

SoupDragon · 12/05/2012 17:28

No, I don't want to see it incase I fall in love with it. I am sorely tempted to go and look but I am not ready to sell my house yet and I would prefer to do it like that rather than take out a mortgage to go chain free. It is within what I can afford and it ticks what I want (bar the fact that it needs a kitchen extension). A renovation job doesn't worry me provided there's nothing structurally wrong.

I think it's telling that it didn't sell at £700k and that should indicate that they'd accept offers - except they've put it with a new agent at a higher price.

I need a property guru to hold my hand.

OP posts:
Ponders · 12/05/2012 18:39

the new agent isn't very impressive though

3 storey arts and crafts detached family home - Arts & Crafts, surely

Being a Arts and crafts home - speechless

Over the next two floors, there is 5 great sized bedrooms - Hmm

there is just so many places to play - aaaaaaaaaargh

& it's referred to as a home throughout, not a house - double aaaaaaaargh

IMO semi-literate agents always overprice.

HTH Grin

(& the vendor grew up there? Sentimentality prob makes them overprice it too. It depends how much they need to sell. Is it an estate sale do you know?)

bibbitybobbitybunny · 12/05/2012 18:47

If you don't want to see it incase you fall in love with it, why are you contemplating how much to offer on it Confused ?

SoupDragon · 12/05/2012 20:06

Because I am not currently in a position to buy at the asking price. However, there are potentially prices whereby I could manage it, hence my question as I have no idea about offering on a property. As I said.

I don't want to look if there is no way I can buy it without selling my current house. OK?

OP posts:
SoupDragon · 12/05/2012 20:09

I think it must either be an estate sale or the parent(s) have moved to a home.

I agree that the grammar is cringwwirthy Smile The sentimentality of the vendor means, at least, that it probably won't go to developers to be demolished and 5 characterless shoeboxes put on the plot.

OP posts:
kilmuir · 12/05/2012 20:10

not many inside pics???

SpringHeeledJack · 12/05/2012 20:11

if it's A&C, might it not be listed?

I LOVE it

bibbitybobbitybunny · 12/05/2012 20:12

So you don't want to buy it unless you can do so without a mortgage?

KatieMiddleton · 12/05/2012 20:24

I bet it's a probate sale in which case they'll want rid fairly quickly because it's just costing them otherwise. It looks lovely and I doubt you'd need that extension with 3 reception rooms already. You will however need a shed load of cash for new kitchen, bathrooms, decoration and possibly rewiring and putting in central heating (could see no evidence of any). I reckon about £100,00 judging by the photos.

^That's what my sensible head says... But my heart says: double fronted with an orchard! Could I live that close to Croydon?

alabamawurley · 12/05/2012 20:30

Five months on the market so raise the asking price..interesting strategy Confused

Well, according to the Land Registry, sold prices in Surrey have hardly changed since December. I think given this and the fact that it hasn't sold in what has probably been the busiest period for sales in the past three or four years, I would have to ask the EA what value the vendors have added since Christmas that justifies a £10K hike in asking price. I suspect the answer will be 'very little'. In fact my guess would be that the EA has managed to win the instruction through a combination of ingratiation, flattery and appealing to the vendor's greed.

So assuming that the new EA has been laying it on thick about what a wonderful property it is, how easy it will be for them to sell, how close to asking they will achieve etc., I would suggest your odds of striking a good deal at the moment are pretty low (as are their odds of selling).

BTW you do know that some agents use page hits and number of downloads to feedback to vendors (waste of time IME but some fall for it)? Ironically, 'buyer interest' in this property is probably spiking at the moment which if the vendors found out would probably embolden them further wrt any negotiations.

weblette · 12/05/2012 20:32

Agree with Ponders, lovely house shame about the agents.

lockets · 12/05/2012 20:38

This reply has been deleted

Message withdrawn at poster's request.

EdlessAllenPoe · 12/05/2012 21:03

i love it - it's like a doll's house!

what would i offer...hum..first born child?

Back2Two · 12/05/2012 21:15

This reply has been withdrawn

This has been withdrawn due to privacy concerns

EdlessAllenPoe · 12/05/2012 21:25

it has been on the market for a full three months.

get sold yourself, then be in a strong position to bargain hard whilst being seriously interested.

if you haven't found anything you'd like better by then.

QuintessentialShadows · 12/05/2012 21:26

have you seen the NAME of the house?

EdlessAllenPoe · 12/05/2012 21:30

'Atwood'

hha ha..

i grew up playing in an orchard. it was our neighbours. so much fun :)

where's me lottery ticket...

Swipe left for the next trending thread